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20131202
20131210
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Search Results 0 to 12 of about 13
CNBC
Dec 4, 2013 3:00pm EST
restore confidence in an incredibly important industry in this u.s. economy? >> well, no, i wouldn't say so because if you look at the housing market today, we just saw that story, i agree. i don't believe those new housing sales numbers. overall, the single family construction market is still completely in a slump. you can blame that completely on the fact that it's very hard to get credit out there in the housing market today. and that's really suppressing what should be a big boost to the overall u.s. economy. so, we're really suffering as a result of this. it isn't helping. >> guys, thank you. >> this is only going to make it worse. >> appreciate your thoughts. have a good convention. >> thank you. >> thanks, guys. we now have a little more than half an hour to go before the close. we're keeping a close eye on markets as we head into the close. >> we're coming bang here. >> about 34 points. more than 1030 points at the low. >> we'll see if we can come back in the last half hour. why did merrill lynch fail back in the crisis, you ask? former president of merrill lynch internationa
CNBC
Dec 9, 2013 3:00pm EST
several months ago and certainly midyear because they weren't sure if this fragile economy had any legs. now we're seeing those legs. one thing i was really encouraged by was the slight increase in labor force participation rate. you can see that across a lot of h-cohorts. the only one that went down was initial one 16 to 25. other than that the other cohorts they were rising. that sort of increase lakreescrease legitimizes increase. >> and people retiring who might have stayed in the labor force during the recession. things look like better. they're retiring. the unemployment being where it is may stay down there despite the upward pressure may not be as high as some thought. haum more months before we hit 6.5% on the unemployment rate? >> i have believed for a long time we'll see 6.5% unemployment rate by the fourth quarter. keep in mind, even with today's federal reserve flow of funds data showing another record increase in household network worth. a lot of people that lost money in the financial crisis they got it back and are even ahead of the game and they're feeling more comforta
CNBC
Dec 6, 2013 3:00pm EST
, then i think it will be a little problem for the economy, unless they can prove that the economy has strengthened enough to handle it. i don't think it's there yet. >> we've had one small preview of this move and it was called this summer. we saw the ten-year move back up to 3%. we know it took some momentum out of the housing market. if i'm the fed and looking at what's happening with housing, with autos, is the evidence strong enough that that did enough damage that the same will happen again? >> i think they're worried about that. i think they're absolutely worried about that, which is why they're not -- why they're not going to taper. especially why not they're going to taper into the end of the year. right? there are two many other issues in front of them. as abigail said, the changing of the fed, debt ceiling in front of us. today there's that rumor we'll come to this budget agreement before washington goes on vacation in two weeks. if that happens, that just opens the way further, i think, for a little morally. >> you sound like you're taking some profits here, abigail. are yo
CNBC
Dec 5, 2013 3:00pm EST
think that masks some weakness in this economy? >> it does. you can see the headline number was stronger than many of us had expected. even as far as mcquarry goes as well. a lot of that was an inventory buildup. that's really great for the third quarter. that puts in some head winds for the fourth quarter. mcquarry believes you could have fourth quarter gdp as low as .8%. much lower than consensus. so, i mean, it's good for third quarter. not so good for fourth quarter. that doesn't bode well going into the end of the year. >> sam stovall, we've now that three days, potentially four days of losses to start off the month. extremely rare at least in recent history. i think this is the first time since june 2011 we've seen such a stretch. is that the kind of information people should trade off, though, or is it just statistical noise? >> i think it's noise right now. really it's only four days. the thought is they're doing this in advance of tomorrow's employment data with the worry being that the fed will likely start their tapering program this month rather than wait until march
CNBC
Dec 10, 2013 3:00pm EST
u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ >>> welcome back. dominic chu breaking down the stocks drag down the market. >> starbucks which is moving lower after itg investment research said dated that showed the chain's momentum may have slowed this quarter. tough day for lumber liquidator, providing slower than expected profit guidance. midpoint of company's profit guidance was below wall street consensus estimates. on the flipside, gold mining stocks. as gold prices soared on percepti
CNBC
Dec 3, 2013 3:00pm EST
. this is 20% of the economy health care. it's not going to happen overnight. for me who's not a health care specialist, i look at three or four things that make it critically important. 3 to 4 million people uninsured, will be insured. the 100 plus people that get preventive care that don't have it and the 125 million plus people that have preconditions that will now have to not worry they won't get insurance. those are the things most important to me that is not someone worrying about the day to day website. not that it's not a problem. >> the day to day function of the website comes back to this question about affordability for health insurance longer term. to get younger healthier people involved, it's got to be easy for them to sign up not as difficult as it is right now. when we start to look at what the premiums will be for the next year and beyond i mean, all -- this becomes very, very poblgd. lgd jfrz >> to get health care lower costs, website has to be ioned out. we need to get the young and vibrant to want to go on the exchange. adds people are more educated about it t
CNBC
Dec 2, 2013 3:00pm EST
. rowe price we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information risks, fees and expenses to read and consider carefully before investing. >>> eight >>> eight minutes left in the selling session. we're down 85 now 88 points on the dow. that's the lows of the session right there. pulling back from those all-time highs we had been seeing early last week. joining us to talk about the markets, jeff from raymond james and bob pisani as well. jeff, you're thinking about taxes. you think that's what's going on? people doing tax planning before the end of the year? >> the people i talked to on the retail side are talking about not selling, trying to carry profits into next year. that's what we see on the retail side. my timing models that called for pullback, are calling for a pullback here. they say it's a go ahead time to be cautious. if you get a pullback i think it sets up the fabled santa
FOX Business
Dec 10, 2013 3:00pm EST
because the u.s. economy is doing better not for some mechanical reason or political reason would be a good thing. i mean, short term it might hurt the market, but long term it's good for companies and, therefore, good for stocks. >> a lot of talk about the volcker rule, we're going to get to that later in the show, but the impact on the financial sector, are we past, in your opinion, worries about the financial sector and the big wangs, or is it hard to gauge the impact of the rule on people like goldman sachs and morgan stanley? >> i think it's very hard to gauge it now, but i would simply say this, i've been doing this a long time, i've seen a lot of changes. we lived with glass-steigel, perhaps they shouldn't have taken it away, but they did. it's basically a way to put some handcuffs on the banks in terms of their risk exposure. but the fact is, the banks are smarter than you and i. they'll figure it out, and they will make a lot of money. cheryl: companies will change how they're banking and investing as well. ira epstein at the cme, what are you watching today? >> i'm interestin
FOX Business
Dec 9, 2013 3:00pm EST
inventory concerns, lack of consumer demand, but the bottom line is the economy's slowly but surely growing stronger. s&p is now set to join the nasdaq at new highs above november, we know that in the month of december going back over the last 60 years that a move to new highs in the s&p, the next 10, 20 and 30 days forward typically has been positive. so that's interesting. but, yeah, continue to be real signs of resilience, you know, despite the fact there areling oring concerns regarding momentum -- lingering concerns ahead of the holiday, but stocks respect paying attention. we continue to hit new highs, and the market right now has been resilient. cheryl: i want to go to garrett at the cme because, certainly, with the dow and s&p we did break a fife-day -- five-day losing streak, but we've seen a lot more volatility in the vixx. and you have to wonder as we go towards the end of the year if we're going to have a little more volatility as volume gets lower. do you take that seriously, gary? do you really watch the tape as we get closer to the end of the year? >> well, of course you do.
FOX Business
Dec 4, 2013 3:00pm EST
indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen. private sector hiring in november, and and 215,000 jobs versus the expected 178,000 green, costing investors to fear the events of the fed's keeper coming sooner rather than later. you can see this picture, for direction the dow jones industrials have crossed the unchanged level 34 times. when you see we are down 59 points off of earlier lows still not anywhere near where we started the day and we want to talk about the s&p 500. the index is down for a fourth recession, losing five points. let's look at what is the. ticker symbol cf soaring after the fertilizer company says it expected to give significant additional cash to shareholders in the form of dividends, with
FOX Business
Dec 6, 2013 3:00pm EST
report. the economy generated 203,000 new jobs in november, and the unemployment rate fell to its lowest level if five years. the expectation was to see a build of about 180,000 jobs, so this, obviously, was much better than expected. look aa the market rally we have on our hands. investors apparently shrugging off concerns that the strong jobs number might hasten the fed's tapering of its bond-buying purchases. in the past that's concerned the markets, but look at the dow jones industrials. yes, it is up about 185 points, but earlier it gained some 200 points, the session highs. the first 200-point gain in about seven weeks. a similar story with the s&p 500. the s&p enjoying its biggest gain in four weeks. right now it's seeing a jump, pretty significant here of 19 points. just a minute ago it was up to, so it's -- up 20, so it's hovering at really strong levels here. general motors cruising to new highs it hasn't seen in more than five years. why? well, the new word is out that the automaker could ship an increased number of vehicles made in south korea, where are they shipping? to aus
FOX Business
Dec 3, 2013 3:00pm EST
opportunity to buy a company that actually as the economy does better, today do better. housing usually picks up when the economy does better, so we thought it was kind of thrown out its valuation based on the timber. you've got beetle kill up in canada which has increased their opportunities to sell overseas, and we think over time raises the price of lumber. liz: okay, so it's down today, that might be a buy. you also like howard hughes corporation. this is, of course, a company that's very big into, for example, landownership. >> yeah. liz: huge in vegas, by the way, for people that don't know. it's had a beautiful runup. why buy now? >> it's a name, we think, underfollowed on wall street. underknown. when you say howard hughes, a lot of people think about satellites and tv. it's a real estate play though. they own pier 17 here in new york, that's slated for redevelopment. they also have las vegas property they mentioned and also hawaii. so it trades about two times book. the house, the housing companies trade at three times book. we think they can make up that difference. li
FOX Business
Dec 5, 2013 3:00pm EST
years and the economy people have wanted to see. another big positive, third quarter gross domestic product, supposed to increase. that is up from the government's initial estimate. the number blowing past analysts' predictions for 3 percent growth. well, you put that together. you would think it would be sweet and savory. renewing investor fears instead of early next year or, perhaps, and the spring. all the major indices lower. the dow jones industrials earlier today was about seven. it has been quite a slang. fifth consecutive down day for the dow jones industrials and the s&p 500. the longest losing streak since september 25th. we have just blown through the floor of what had been down 67 points. another is a new low, down 70 points. if the s&p finished as a week lower, that would be the end of its longest run of gains in nearly ten years. let's look at good ones. apple is definitely up, as we told you yesterday, the smart phone maker announcing a major deal with china mobile to bring the iphone to china's largest wireless network. millions and millions of customers potentially
Search Results 0 to 12 of about 13